Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Vendors slash prices as property market stalls ahead of Budget
New figures reveal around 6% of listed properties see a price cut within 30 days, in another sign the housing market is slowing down.
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Budget jitters kill off autumn property market bounce
‘Lack of momentum or positive sentiment’ means usual seasonal uplift fails to materialise with movers staying on sidelines, says Rightmove.
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Sales pipeline ‘largest for four years’, Zoopla claims
The portal says estate agents are set to receive £1 billion in commission from current sales agreed – and points to relaxed lending rules driving it.
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Homeowners ‘put move on ice’ to make needless improvements
Nearly 33% of potential property sellers are delaying a decision while they make changes such as a new kitchen, a new poll reveals.
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Estate agency fees slump to 1% as costs skyrocket, warns industry expert
Christopher Watkin challenges agents to raise their game as the average fee reaches a lowly figure in the face of intense competition.
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Celebrity-linked homes sell quicker but not for more!
So says leading prime estate agency Beauchamp, which recently sold the late Christine McVeigh's luxury apartment in central London for £6.9 million.
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‘Fix the move or else’ agents warned by frustrated home movers
Estate agents are being challenged to ensure the home moving experience improves by pushing conveyancers, according to a new report.
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BLOG: Will Rachel steal Kemi’s Stamp Duty plan and set the property market alight?
It is likely that Chancellor Rachel Reeves will steal at least some of Kemi Badenoch's plan to abolish Stamp Duty, but who will pay to fill the fiscal gap?
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Tory backs Badenoch Stamp Duty blitz and predicts Reeves ‘to follow’
David Willetts tells BBC that Tory leader Kemi Badenoch's plan to abolish the tax for first home buyers will free up market and mobility.
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Property buyers ‘paying less per month’ than renters, says big bank
New data from the bank shows that homeowners with a mortgage are 17% better off than tenants.
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